At the time of his pitch, Siminoff valued the company at just $7 million, and offered the sharks a chance to get in at the ground floor for $700,000, which would give them a 10 per cent stake in the company.

In what’s now the most embarrassing moment in the show’s history, the sharks brutally shut Siminoff and his idea down, with one shark even telling him, “You’re dead to me,” after a counter offer was rejected.